SCHEDULES

F1SCHEDULE 1AFurther provision about the consumer financial education body

Part 1General

Exemption from consumer credit rules

10

(1)

A licence is not required under Part 3 of the Consumer Credit Act 1974 in respect of anything done by—

(a)

the consumer financial education body in discharging the consumer financial education function; or

(b)

a person acting on its behalf in accordance with arrangements made under paragraph 4(1)(b).

(2)

Nothing in Part 4 or 10 of that Act (seeking business or ancillary credit business) is to apply in relation to anything done by—

(a)

the consumer financial education body in discharging the consumer financial education function; or

(b)

a person acting on its behalf in accordance with arrangements made under paragraph 4(1)(b).